What's with people who are worth a few billion dollars for decades? Shouldn't it be easy to keep adding to your net worth once you have that much to work with?
>>61671900terrible business decisions
>>61671900Some love doing entrepreneur shit that doesn't pan out. Others give to charity.Honestly a lot more respectable than those who hoard their wealth without any benefit to society.
Its impossible to failure at this levelIf you just bought the emerging assets that kinda go mainstream youre gona make huge amount of returns on a small investmentThere are billionaires who bought like $10M worth of Bitcoin 10 years ago who turned that into more billions, and that $10M investment was nothing for them.
Isn't that guy notorious for spending money on outlandish shit?4% of 2.8B is only 112M pre-tax. Spending that , or even twice that amount, every year when you're living an ultra jetset lifestyle with PJs, yachts and maintaining a private island. So it's easy to see why some billionaires outside of tech can just tread water for a long time
Funny story, but he’s literally an acquaintance of mines uncle (wife side of family). He has 10 million chainlink, so check back in a year on his networth if you think this is a larp
Most people with a fortune lose it
>>61671957Their trustbaby kids do after inheriting it. Most self-made peoples worst nightmare is going back to being poor so they tend to de-risk once they get to 8 or 9 figs
These networth estimates aren't accurate
>>61671900It takes work to keep making money, and surprisingly enough a lot of people don't like to work
>>61671907>but how does this benefit societyWhy benefit a society that hates you?
